Coherent, Inc. (COHR) Stock

About Coherent, Inc.

Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.

Coherent, Inc. is led by CEO James Robert Anderson, employs 26,157 people, headquartered in Santa Clara, US, publicly traded since 1987.

Coherent, Inc. (COHR) stock trades at $222.05 with a market capitalization of $43.44B. The stock is valued at a price-to-earnings (P/E) ratio of 151.27, price-to-book of 7.01, price-to-sales of 9.19. Over the past 52 weeks the stock has ranged between $61.05 and $425.48, and currently trades 47.8% below its 52-week high.

On profitability, Coherent, Inc. generates a return on equity (ROE) of 4.72%, return on capital employed of 6.47%, an operating margin of 9.45%, a net profit margin of 7.10%.

In its most recent fiscal year, Coherent, Inc. reported annual revenue of $5.8B, net profit of $49.0M, revenue has compounded at 19.5% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.32 — a conservative balance sheet with little leverage risk, a current ratio of 2.19, total assets of $14.9B, $909.0M in cash and equivalents.

COHR has an average daily trading volume of 5,780,000 shares, a beta of 2.05 (more volatile than the overall market).

Official website: www.coherent.com